SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Sage Investment Counsel LLC

CIK 0002055178 · 142 5TH AVENUE NORTH, SUITE A, FRANKLIN, TN, 37064 · 615-591-1210

Reported Value
$90M
Q3 2025
Positions
123
Filings on Record
6
2025–present window
Filed
Oct 21, 2025
original filing

Summary

Sage Investment Counsel LLC reported $90M in U.S.-listed holdings across 123 positions for Q3 2025.

Its largest position, Pinnacle Finl Partners, represents 7.8% of the portfolio.

Compared with Q2 2025, the fund opened 11 new positions and exited 10.

Portfolio Metrics

Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+37.3%
share of reported value
Largest Position
+7.8%
Pinnacle Finl Partners
New / Exited
11 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $77MQ4 ’24Q1 ’25: $79MQ1 ’25Q2 ’25: $86MQ2 ’25Q3 ’25: $90MQ3 ’25Q4 ’25: $91MQ4 ’25Q1 ’26: $90MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 65.0%ETP: 12.8%Other: 8.7%ADR: 5.5%REIT: 4.3%Other: 3.7%
  • Common Stock · 65.0% · $59M
  • ETP · 12.8% · $12M
  • Other · 8.7% · $8M
  • ADR · 5.5% · $5M
  • REIT · 4.3% · $4M
  • Other · 3.7% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
STZCONSTELLATION BRANDS INCNEW+5.8K5.8K+$785,820$785,820
VTELVANGUARD MUN BD FDSNEW+3.0K3.0K+$308,550$308,550
GOOGALPHABET INCNEW+931931+$226,770$226,770
CWCURTISS WRIGHT CORPNEW+392392+$212,832$212,832
BTIBRITISH AMERN TOB PLCNEW+4.0K4.0K+$212,320$212,320
BXBLACKSTONE INCNEW+1.2K1.2K+$207,373$207,373
XBMEXBLACKROCK HEALTH SCIENCES TRNEW+5.4K5.4K+$201,042$201,042
NUNU HLDGS LTDNEW+11.0K11.0K+$176,110$176,110

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

113 positions (from 123 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PINNACLE FINL PARTNERS INCCOM7.82%$7M75.3K
2BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW6.05%$5M4.9K
3AAPLAPPLE INChistory →COM5.51%$5M19.5K
4VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · REAL ESTATE ETF · SM CP VAL ETF · VALUE ETF4.24%$4M16.9K
5BNBROOKFIELD CORPhistory →CL A LTD VT SH2.73%$2M35.9K
6ETENERGY TRANSFER L Phistory →COM UT LTD PTN2.57%$2M135.1K
7HHHHOWARD HUGHES HOLDINGS INChistory →COM2.31%$2M25.4K
8VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EMR MKT ETF2.08%$2M18.7K
9UBERUBER TECHNOLOGIES INChistory →COM2.05%$2M18.9K
10VVISA INChistory →COM CL A1.94%$2M5.1K
11JPMJPMORGAN CHASE & CO.history →COM1.90%$2M5.4K
12LENLENNAR CORPhistory →CL A1.90%$2M13.6K
13MSFTMICROSOFT CORPhistory →COM1.88%$2M3.3K
14BACBANK AMERICA CORPhistory →COM1.73%$2M30.3K
15SNXTD SYNNEX CORPORATIONhistory →COM1.71%$2M9.5K
16TFSLTFS FINL CORPhistory →COM1.70%$2M116.7K
17SPHQINVESCO EXCHANGE TRADED FD Thistory →S&P500 QUALITY1.68%$2M20.7K
18CBCHUBB LIMITEDhistory →COM1.64%$1M5.3K
19RYAAYRYANAIR HOLDINGS PLChistory →SPONSORED ADR1.59%$1M23.8K
20DGDOLLAR GEN CORP NEWhistory →COM1.56%$1M13.6K
21ENBENBRIDGE INChistory →COM1.50%$1M26.8K
22AMZNAMAZON COM INChistory →COM1.38%$1M5.7K
23BIPCBROOKFIELD INFRAST PARTNERShistory →LP INT UNIT1.38%$1M37.8K
24VCLTVANGUARD SCOTTSDALE FDSLG-TERM COR BD · INT-TERM CORP1.31%$1M14.7K
25EUSAISHARES INChistory →MSCI EQUAL WEITE1.18%$1M10.4K
26JANUS HENDERSON GROUP PLCORD SHS1.16%$1M23.5K
27OREALTY INCOME CORPhistory →COM1.11%$999,22516.4K
28CATCATERPILLAR INChistory →COM1.09%$983,0822.1K
29EXMOCEXXON MOBIL CORPhistory →COM1.00%$903,8868.0K
30AZOAUTOZONE INCCOM0.97%$879,499205
31SIRISIRIUSXM HOLDINGS INCCOMMON STOCK0.92%$827,05035.5K
32EPDENTERPRISE PRODS PARTNERS LCOM0.91%$822,53626.3K
33SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US LCAP GR ETF · INTERNL DIVID0.90%$811,04228.1K
34STZCONSTELLATION BRANDS INCCL A0.87%$785,8205.8K
35FLGFLAGSTAR FINANCIAL INCCOM NEW0.85%$767,98466.5K
36HDHOME DEPOT INCCOM0.83%$751,2221.9K
37OMABGRUPO AEROPORTUARIO DEL CENTSPON ADR0.81%$727,0907.0K
38OMFONEMAIN HLDGS INCCOM0.77%$694,68412.3K
39PACGRUPO AEROPUERTO DEL PACIFICSPON ADS B0.72%$649,9012.7K
40RTXRTX CORPORATIONCOM0.70%$629,2413.8K
41BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.70%$628,0573.5K
42COFCAPITAL ONE FINL CORPCOM0.66%$599,9982.8K
43USBUS BANCORP DELCOM NEW0.64%$582,15412.0K
44RITMRITHM CAPITAL CORPCOM NEW0.64%$577,47350.7K
45OXYOCCIDENTAL PETE CORPCOM0.63%$568,04012.0K
46TSLXSIXTH STREET SPECIALTY LENDICOM0.63%$566,40724.8K
47BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.63%$565,44621.9K
48DVADAVITA INCCOM0.61%$551,6764.2K
49METAMETA PLATFORMS INCCL A0.61%$547,513746
50HTZHERTZ GLOBAL HLDGS INCCOM NEW0.60%$539,98879.4K
51VXUSVANGUARD STAR FDSVG TL INTL STK F0.59%$528,3527.2K
52GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.57%$513,7542.1K
53LOWLOWES COS INCCOM0.52%$472,5621.9K
54HRHEALTHCARE RLTY TRCL A COM0.51%$463,27225.7K
55BXSLBLACKSTONE SECD LENDING FDCOMMON STOCK0.49%$443,09517.0K
56CNQCANADIAN NAT RES LTDCOM0.49%$441,04813.8K
57ETF SER SOLUTIONSHOYA CAPT HI DIV0.45%$404,88242.0K
58CSCOCISCO SYS INCCOM0.45%$403,2145.9K
59APOAPOLLO GLOBAL MGMT INCCOM0.43%$392,3472.9K
60BURBURFORD CAP LTDORD SHS0.42%$382,72032.0K
61ABEVAMBEV SASPONSORED ADR0.41%$369,065165.5K
62FDXFEDEX CORPCOM0.40%$365,5061.6K
63ADCAGREE RLTY CORPCOM0.40%$363,8035.1K
64MTBM & T BK CORPCOM0.40%$363,0561.8K
65MAMASTERCARD INCORPORATEDCL A0.40%$361,330635
66VICIVICI PPTYS INCCOM0.39%$353,71010.8K
67SUSUNCOR ENERGY INC NEWCOM0.39%$351,2048.4K
68WHITE MTNS INS GROUP LTDCOM0.37%$334,304200
69DEODIAGEO PLCSPON ADR NEW0.37%$334,0053.5K
70RFREGIONS FINANCIAL CORP NEWCOM0.36%$328,20912.4K
71AVGOBROADCOM INCCOM0.36%$326,611990
72FCXFREEPORT-MCMORAN INCCL B0.36%$325,5268.3K
73TFCTRUIST FINL CORPCOM0.35%$320,2067.0K
74NVDANVIDIA CORPORATIONCOM0.35%$314,2341.7K
75UNPUNION PAC CORPCOM0.35%$311,5361.3K
76AREALEXANDRIA REAL ESTATE EQ INCOM0.34%$310,6233.7K
77WMTWALMART INCCOM0.34%$308,9743.0K
78VTELVANGUARD MUN BD FDSLONG TERM TAX EX0.34%$308,5503.0K
79DISDISNEY WALT COCOM0.34%$306,9752.7K
80KOFCOCA-COLA FEMSA SAB DE CVSPONS ADS REP0.32%$290,8503.5K
81LMTLOCKHEED MARTIN CORPCOM0.32%$287,046575
82LADRLADDER CAP CORPCL A0.31%$283,09525.9K
83VZVERIZON COMMUNICATIONS INCCOM0.31%$280,1816.4K
84LELANDS END INC NEWCOM0.30%$269,87419.1K
85JOEST JOE COCOM0.29%$257,2965.2K
86FDUSFIDUS INVT CORPCOM0.27%$244,54012.1K
87ARCCARES CAPITAL CORPCOM0.26%$233,08811.4K
88HCAHCA HEALTHCARE INCCOM0.25%$226,907532
89CORPORACION AMER ARPTS S ACOM0.25%$224,68812.4K
90CTOCTO RLTY GROWTH INC NEWCOM0.25%$223,31013.7K
91SAFESAFEHOLD INCCOM0.25%$221,50714.3K
92CVXCHEVRON CORP NEWCOM0.24%$217,9841.4K
93ECLECOLAB INCCOM0.24%$213,611780
94CWCURTISS WRIGHT CORPCOM0.24%$212,832392
95BTIBRITISH AMERN TOB PLCSPONSORED ADR0.24%$212,3204.0K
96NTRNUTRIEN LTDCOM0.23%$211,3563.6K
97OBDCBLUE OWL CAPITAL CORPORATIONCOM0.23%$208,85516.4K
98BXBLACKSTONE INCCOM0.23%$207,3731.2K
99XBMEXBLACKROCK HEALTH SCIENCES TRCOM0.22%$201,0425.4K
100NUNU HLDGS LTDORD SHS CL A0.20%$176,11011.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$90M127Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$91M123Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$90M123Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$86M122Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$79M119Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$77M120Feb 5, 202513F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.